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Message: Drifting

Drifting

posted on Aug 18, 2008 08:59AM

The share price continues to drift along around the 30c level. Nothing is going to move this share in the short term unless:

a) News of a major deal comes along ie. a major cinema chain or a major retail outlet

or

b) There is a change in sentiment with the small cap stocks. This is still probably 6 - 18 months away and depends on the continued slowdown in the world economy and the easing of credit conditions in the US.

A long wait in store I suspect. Happy to hold and top up on the lows.



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